Regulatory & Compliance

NEWPORT BEACH, Calif. -- One sign that CUSOs can be a viable solution for credit unions wanting to gain more muscle in an increasingly competitive marketplace recently came through NCUA's proposal to include two new services for the entities to offer.

ALEXANDRIA, Va. -- NCUA Chairman JoAnn Johnson recognized the importance of the alliances between credit unions, small businesses as the Small Business Administration celebrated National Small Business Week.

WASHINGTON -- While CUNA supports the proposed NCUA regulation expanding credit union service organization powers, the group expressed concern about expanding federal oversight of state-chartered CUSOs. NAFCU favors the business expansion but is undecided on the oversight change.

WASHINGTON -- In light of protests from the banking lobby and concerns that it might not pass, the House leadership has postponed today's scheduled vote on the Credit Union Regulatory Relief Act.

WASHINGTON-- Senator Charles E. Schumer (D-N.Y.) announced that he'll conduct a hearing next week to look into whether mortgage lenders are taking unfair advantage of borrowers in foreclosure who have declared bankruptcy.

WASHINGTON -- With a massive phone and e-mail campaign and a use of the new media, credit unions and their advocates are trying hard to win passage of the Credit Union Regulatory Relief Act during its scheduled House of Representatives vote on Tuesday.

WASHINGTON -- With a massive phone and e-mail campaign and a use of the new media, credit unions and their advocates are trying hard to win passage of the Credit Union Regulatory Relief Act during its scheduled House of Representatives vote on Tuesday.

WICHITA, Kan. -- Expected but still comforting, Kansas credit unions over the weekend heard directly from some of their most loyal lawmakers who came to their defense in the just concluded confrontation with the banking lobby over a "compromise" July 1 law restricting field of membership expansion.